Hillenbrand Declares First Quarter Dividend of $0.225 Per Share
Rhea-AI Summary
Hillenbrand (NYSE: HI) has announced its quarterly cash dividend declaration of $0.225 per share on common stock. This represents an annual increase of $0.01 per share, bringing the total annual rate to $0.90 per share for fiscal 2025. The dividend will be paid on December 31, 2024, to shareholders recorded as of December 16, 2024.
Positive
- Dividend increase of $0.01 per share annually
- Consistent quarterly dividend payment maintained at $0.225 per share
- Annual dividend rate of $0.90 per share for fiscal 2025
Negative
- Minimal dividend increase of only 1.1% annually
News Market Reaction – HI
In the trading session that priced this news, HI gained 0.70%, reflecting a mild positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
AI-generated analysis. How Rhea-AI works. Not financial advice.
About Hillenbrand
Hillenbrand (NYSE: HI) is a global industrial company that provides highly-engineered, mission-critical processing equipment and solutions to customers in over 100 countries around the world. Our portfolio is composed of leading industrial brands that serve large, attractive end markets, including durable plastics, food, and recycling. Guided by our Purpose — Shape What Matters For Tomorrow™ — we pursue excellence, collaboration, and innovation to consistently shape solutions that best serve our associates, customers, communities, and other stakeholders. To learn more, visit: www.Hillenbrand.com.
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SOURCE Hillenbrand